carl vs capitalism.

[airfrogusmc]

There's one single fundamental flaw with the corporate system, and that is the issue of liability.

The entire problem of corporate responsibility would be solved by making both shareholders and executives liable. As it stands, corporations are given fines. If you remember the scene on the airplane in Fight Club, where Edward Norton explains his job and how corporations assess the costs of improving product safety versus the costs of potential lawsuits... There have been plenty of documented cases where corporations have done that. Not too long ago the US government put a value on a human life in corporate liability cases. If you make execs and shareholders liable for their actions, the problem is immediately solved.

HHMMM good point I had never really thought of that. I do know that the government has passed all kinds of laws as of late to protect large corporations. The new bankruptcy law is just one of many. One thing that really gets to me is big oil getting billions of tax breaks while posting RECORD profits and no help at all for small businesses.

[mike lowrey]

8 out of 10 Filipino families not earning enough to meet basic needs

Date Posted: 2.10.2006

that really sucks. to be honest I haven't studied philippines much at all so I can just recall some basic info such as the general growth the economy, but that again doesn't reflect living condition nor wages.

but it would be interestign to know how the country would be doing without sweatshops? cause when you think of it, the companies running these are there by choice, what if they hadn't chosen to operate there at all? would the country have generated more local businesses and jobs offered by them, would some local industries have been forced to expand?

[poly800rock]

this thread is like all over the place. what does the relevance of the philippines have to do with america?

there are countries all over the world where 10/10 families can't get by..

[Double D]

HHMMM good point I had never really thought of that. I do know that the government has passed all kinds of laws as of late to protect large corporations. The new bankruptcy law is just one of many. One thing that really gets to me is big oil getting billions of tax breaks while posting RECORD profits and no help at all for small businesses.

Blame the fact that American politics is run by corporate funds on one side and special interest groups on the other side. It's not as if it's actually economically sound to subsidise booming industries rather than giving tax breaks to help smaller enterprises and investments grow, but then it's not as if small businesses are funding political campaigns.

[lil brown brother]

i was just citing an example .....

[lil brown brother]

lowery .. i dunno ...

[shwanger]

surely you mean "most emerging markets ie thir world countries are not self sufficient enough to take advantage of the socialistic model"?

Only protectionistic, socialist countries need to be self-sufficient, and they never ever are. Look at North Korea and the Soviet Union. A little rainy weather and the koreans starve. The women started demanding hygiene products and the country collapsed.

The whole point of free trade and globalisation is that you do NOT have to be self-sufficient. You simply do what you do best, and buy things that you are worse at producing. In every free transaction, all involved parties benefit. THIS and nothing else leads to economic growth.

ugh ill informed neoliberal shithead